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    6840 Faudree Rd Odessa, TX 79765

    For Sale
    $4,170,652

    5.1-20 Acres - Odessa, TX

    Lot size:
    14.73 Acres
    Days on Market:
    690
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for 6840 Faudree Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Other
    Lot size
    14.73 Acres

    Building Details

    Architectural style
    Other

    Realty Unlimited (432) 550-5609

    Listing agent Cindy Brown (432) 352-3566

    Listing date Jan 22, 2024

    MLS# 50043258 Listing URL

    Copyright © 2025 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Odessa Land Site For Sale

    This 14.73-acre corner land site is located at Faudree Road and P Bar Ranch Road in Odessa, Texas. The property has frontage on both Faudree Road and P Bar Ranch Road. Situated in a heavy traffic area that is rapidly developing between Odessa and Midland, the site is zoned for Retail R-1. Possible uses include a retail shopping center, stores, offices, banking, restaurants, and medical facilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.30913402902
    Latitude
    31.929415758297

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    FAQs

    What type of property is this?
    Commercial land - Corner land site in rapidly developing area between Odessa & Midland.
    Where is this commercial land located?
    The property is located at 6840 Faudree Rd Odessa, TX.
    What is the asking price?
    The asking price for this property is $4,170,652.
    What are key features of this property?
    This property features: - Prime corner land site with frontage on Faudree Road and P Bar Ranch Road.; - High traffic area.; - Rapidly developing location between Odessa & Midland.
    (432) 352-3566
    Request Owner's contact information
    6840 Faudree Rd Odessa, TX 79765
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    Odessa, TX 79765
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6840 Faudree Rd Odessa, TX 79765
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